880 Hecate St, Nanaimo, British Columbia

$614,000

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3

Beds

3

Baths

3,183

Square feet

0.22

Acres

About 880 Hecate St

Prime Development Opportunity in South Nanaimo Located within walking distance from downtown Nanaimo, this exceptional property presents a unique investment opportunity. Currently, the property includes a commercial space on the main floor and a 2-bedroom rental suite above, providing immediate rental income. What truly sets this property apart is the approved development permit for a Craftsman-inspired, 2.5-story ''missing middle'' housing project. Plans include four 1-bedroom and four 2-bedroom units, many featuring rooftop balcony access. This provides a fantastic opportunity for a developer to create a modern, high-demand multifamily property in a prime location. Don't miss this chance to invest in a property that offers both immediate returns and future development potential. All Measurements Approx. Verify if Important. (id:6289)

Features of 880 Hecate St

Listing # 996776
Price $614,000
Bedrooms 3
Bathrooms 3.00
Square Footage 3,183
Acres 0.22
Year Built 1955
Type Single Family
Sub-Type Freehold

Community Information

Address 880 Hecate St
Subdivision Old City
City Nanaimo
Province British Columbia
Postal Code V9R4K6

Amenities

Features Level lot
Parking Spaces 10
Parking Open
View City view
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters
Cooling None
Fireplace No
Has Basement No

Additional Information

Zoning Residential/Commercial

Listing Details

OfficeREMAX Professionals

Listing Map

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